Finance

Bunker leaves Close role

Long-serving Close Brothers Asset Finance director David Bunker has left the business.

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“It’s hands down the worst thing I’ve ever done. I don’t really get stressed out, but this was a great cause of anxiety. Don’t get me wrong it was exciting too...”

Seasonal boost stimulates slight recovery in industry confidence

A healthy seasonal boost ensured that 2018 finished stronger than it started for the UK printing industry, at least as far as the volume of output and orders are concerned, according to the BPIF’s...

Antalis to establish new shareholding structure

Antalis has revealed it will set up a new shareholding structure in the coming months, which could result in Sequana no longer being its majority shareholder.

Heidelberg sales dip in Q3 but order backlog indicates strong Q4

Heidelberg’s revenue dropped by 4% year-on-year in Q3 but the company said its order backlog indicates a strong Q4 and its targets for the full-year are still in sight.

Royal Mail UKPIL revenue hit by letters decline

A sharp drop in volumes of addressed letters has seen revenue at Royal Mail’s UK parcels, international and letters (UKPIL) business decline in a nine-month trading update.

Masterwork to become largest Heidelberg shareholder

Masterwork Group Co (Masterwork) is set to obtain a nearly 8.5% stake in Heidelberg, making it the largest shareholder in the German manufacturer, which is looking to further improve its market...

Compass to expand SME lending options

Compass Business Finance has become the first industry lender to be accredited under the government’s Enterprise Finance Guarantee scheme, opening up more asset lending options to print SMEs.

Industry output bounced back in Q3

The UK printing industry rebounded from a lacklustre Q2 to match its positive forecast for Q3, at least in terms of output volumes, according to the BPIF’s latest Printing Outlook.

Budget makes some progress in restoring print’s confidence

In the first Budget to take place on a Monday since 1962, Philip Hammond made moves to commit the government to greater spending on health – £20.5bn more for the NHS over the next five years and at...